Shin-Etsu Chemical Logs Higher Fiscal H1 Attributable Net Income; Net Sales Up

MT Newswires Live15:30

Shin-Etsu Chemical (TYO:4063) posted 286.9 billion yen in net income attributable to owners of the parent for the fiscal first half, compared with 257.8 billion yen a year ago.

Diluted net income per share was 155.45 yen, compared with 136.56 yen a year earlier, according to a Tokyo Stock Exchange filing on Tuesday.

For the period ended Sept. 30, net sales were 1.421 trillion yen versus 1.285 trillion yen previously, the chemical company said.

The company declared an interim dividend of 78 yen per share, payable from Nov. 18.

For the fiscal year ending March 31, 2027, the company expects attributable net income of 525 billion yen, net income per share of 286 yen and net sales of 2.7 trillion yen.

The company plans to pay a year-end dividend of 58 yen per share for the current year, which is higher from the year-ago period.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment